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Property profile

1600 Randall Rd Elgin, IL 60123

OFF-MARKET
Other office properties
Property ID
US28-3388766
99,903 SF Built 2009
Last sale Nov 2021 · $13,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a medical office and general office building configured to support custom-designed tenant suites with contiguous floor plates available up to 20,399 square feet. It includes a shared tenant conference room and provides reserved parking for physicians. The site supports monument signage opportunities on the corner of Randall & Alft Rd and is located at the signalized intersection of Randall and Alft Roads, approximately 0.25 miles from the Full I-90 interchange. It is situated…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$354k
Tax billed · 2022
Assessed value$4.19M
Assessed land$1.25M
Assessed improvement$2.94M
Effective rate8.45%

Value estimate

· Oct 2026
$12.53M
$11.27M – $13.78M
AI approach$10.07M
Submarket $/SF estimate$16.07M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$141/SF
ZIP average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$83 – $382
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon9.5
Pharmacy9.4
Furniture Store9.0

Location

1600 Randall Rd Elgin, IL 60123-7803
County assessor Recorded deeds · 1 transfer 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1814 Grandstand, Elgin, IL 60123-4981 $600,000 Dec 2023 10,550 SF
2295 Vly Crk, Elgin, IL 60123-2694 $1,450,000 Jan 2023 25,068 SF
525 Tollgate, Elgin, IL 60123-9318 $1,150,000 Oct 2022 9,800 SF
450 Shepard, Elgin, IL 60123-7033 $450,000 Oct 2022 15,252 SF
707 Davis, Elgin, IL 60123-1307 $900,000 May 2022 10,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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